Ex-Oyo Gov Ladoja Not Guilty Of N4.7bn Fraud, Court Rules

Channels Television  
Updated February 8, 2019
Ladoja To Know Fate Friday In Alleged N4.7bn Fraud Case
A file photo of former Oyo State Governor, Rasheed Ladoja


The Federal High Court in Lagos has declared former Governor of Oyo State, Rasheed Ladoja and a former Commissioner for Finance, Waheed Akanbi, not guilty of the N4.7 billion fraud allegations levelled against them by the EFCC.

At the hearing of the case on Friday, Justice Mohammed Idris stated that the prosecution was not consistent with the amount of money missing from the sale of the Oyo State Government’s shares.

The court, thereafter, found them not guilty of all the 11 counts.

Details later…